ecommerce

eCommerce (also known as electronic commerce) is a process of buying and selling of products or services, making money transfers, and transferring data over an electronic medium (Internet). This network allows people to do business with no barrier of distance and time.

Instacart Expands Services, Partners With Uber Eats to Integrate Restaurant Orders
Instacart Expands Services, Partners With Uber Eats to Integrate Restaurant Orders
August 06, 2024  |  Aggregators

On Tuesday (Aug. 6), Instacart announced an expansion of its service portfolio as part of its strategy to solidify its position in the online grocery market....

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The RealReal: Luxury Resale Shoppers Demand More Bang for Their Buck
The RealReal: Luxury Resale Shoppers Demand More Bang for Their Buck
August 06, 2024  |  Earnings

As consumers across income groups feel economic pressure, luxury secondhand marketplace The RealReal is seeing its customers continue to spend but demand more value for...

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DoorDash, Instacart Try New Angles to Gain Grocery Share
DoorDash, Instacart Try New Angles to Gain Grocery Share
August 06, 2024  |  Retail

As on-demand delivery aggregators look to capture more of consumers’ grocery spending, key players such as DoorDash and Instacart are finding new ways to insert...

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ThredUp CEO: It Will Be a While Before Shoppers Splurge Again
ThredUp CEO: It Will Be a While Before Shoppers Splurge Again
August 05, 2024  |  Earnings

Amid revenue declines, ThredUp is not anticipating the financial pressure that consumers are feeling let up any time soon. The online consignment and thrift store...

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Shoppers’ Frustrations With Locked-Up Pharmacy Items Drives eCommerce Adoption
Shoppers’ Frustrations With Locked-Up Pharmacy Items Drives eCommerce Adoption
August 05, 2024  |  Retail

As consumers grow tired of retailers’ increasing utilization of locked display cases, cable ties and electronic tags, many are switching to digital channels to eliminate...

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ThredUp Adds AI Tools to Fashion Resale Platform
ThredUp Adds AI Tools to Fashion Resale Platform
August 05, 2024  |  Retail

Online fashion resale platform ThredUp introduced a suite of artificial intelligence-driven shopping tools. The new offerings include an improved search function, an enhanced image search,...

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Budget-Strapped Shoppers Splurge on Small-Ticket Items, Scrimp on Major Purchases
Budget-Strapped Shoppers Splurge on Small-Ticket Items, Scrimp on Major Purchases
August 05, 2024  |  Retail

This week in paycheck-to-paycheck shopping news, retail brands are sharing that consumers are becoming less cautious in their spending on small purchases such as groceries,...

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Branded, Faster Checkout Options Gain Momentum as PayPal, Shopify Report Earnings
Branded, Faster Checkout Options Gain Momentum as PayPal, Shopify Report Earnings
August 05, 2024  |  Checkout Conversion

If there’s a common theme emerging among eCommerce platforms this earnings season, it’s that the last moments of a transaction are continually being refined and...

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Alibaba to Launch AI-Powered Assistant to Facilitate B2B Sourcing
Alibaba to Launch AI-Powered Assistant to Facilitate B2B Sourcing
August 02, 2024  |  B2B Payments

The Alibaba International Digital Commerce Group plans to launch an artificial intelligence (AI)-powered “conversational sourcing engine” in September. This new tool will facilitate the global B2B sourcing...

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